We've finally produced our first "alpha" release of Apache Traffic Server. It can be fetched from your local Apache Download Mirror. This first version, v2.0.0-alpha, should be reasonably stable as it does not contain a ton of improvements over the old Yahoo code. The 2.0.0 releases also only supports Linux, but a number of 32-bit and 64-bit distros have been tested.
We're hoping to get some testing done on this release in the next week or two, so we can make the "final" 2.0.0 release. After that, the plan is to aggressively start making "developer" releases of trunk, which has some impressive improvements (like, up to 2x the performance in some cases). Apache Traffic Server is adopting the same versioning scheme as Apache HTTPD, so, v2.0.x is a "stable" release, while v2.1.x is a developer release. This implies, of course, that the next stable release will be v2.2.0, and we're hoping to get that out the door sometime this summer!
People interested in Apache Traffic Server are highly encouraged to join our mailing lists (see the incubator page), or come join us on #traffic-server on freenode.net.